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Early bitcoin investors and founders of crypto-exchange Gemini, Tyler and Cameron Winklevoss, see bitcoin gaining more than 25 times its current value as more investors adopt the cryptocurrency as an inflation hedge.
“We think it will be the best performing asset of the current decade,” Tyler Winklevoss said in an interview with Seema Mody on CNBC’s “Squawk Box.”
“We think bitcoin’s here to stay, we think thoughtful regulation around it in the U.S. and other sophisticated jurisdictions is also here to stay,” Tyler Winklevoss said.
The Winklevoss twins said gold has historically been the classic hedge, but bitcoin is moving in as gold 2.0. They think bitcoin could price one day at $500,000 a bitcoin.
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